Prime News Kenya

Ministry of Education cancels supplier bond

The Ministry of Education has written to M Oriental Bank seeking to revoke performance guarantees that eight firms used to secure multi-billion shillings contracts to supply assorted equipment to public universities.

MPs reject Treasury's proposal to repeal interest rate cap law

A parliamentary committee has opposed a proposal by National Treasury to have the interest rate capping law repealed saying it will subject Kenyans to expensive credit at the expense of commercial banks, a majority of them multinationals.

Ruto opposes law reform

Deputy President William Ruto has hit out at leaders who want the Constitution changed to create more political seats.